Follow-up re shareholder valueNot saying anything that we all don't already know...that in the scheme of things the retail shareholder is, unfortunately for us, the lowest in the food chain. This is indeed not unique to Sirit but is generally what one could logically expect to experience in any silent bid/ask auction environment.
Even the OSC and the TSX stack the odds against us by allowing certain bids & asks to be pretty well invisible whenever certain brokerage firms meet certain criteria. One example of this lack of transparency is the use of the "anonymous" brokerage code. So, all and all, the odds are well stacked against retail investors. No surprise here; just reality. But it's a reality that we must take into consideration when balancing our decisions to buy or sell a stock-exchange traded equity.
The vested interests of very large shareholders (over 10%) is but another competitor in the "disclosure" pecking order. To have any venture capital company or pension fund with an employee (actual or effectively veiled) on the board of directors does appear to lend itself to disclosure issues with regard to timely disclosure of material facts to retail insiders and the investing public at large.